SHREE CEMENT UNVEILS NEW INVESTMENT STRATEGY
Article Abstract:
Shree Cement, part of the BG Bangur group, Calcutta, plans to invest in a greenfield cement unit in north India or buy cement companies. It plans to focus on vertical growth in its core area of cement. It wants to consolidate its existing facilities. It has two units, which produce 2 million tonnes of cement. It has spent Rs390 crore in the second phase taking the total investment in the two units to Rs455 crore. It has set a sales target of Rs450-500 crore for 1998-99. (rk)
Comment:
Shree Cement, part of the BG Bangur group, Calcutta, plans to invest in a greenfield cement unit in north India or buy cement companies.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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BIRLA CEMENT LAUNCHES NEW BRAND
Article Abstract:
Birla Cement of the MP Birla group has launched its new cement brand, Samrat. Samrat, the portland slag cement is being manufactured at its Durgapur Cement works, which is a part of the cement division of Birla Corp Ltd. Samrat cement has been launched to mark Durgapur Cements' completion of 25 years of operations. (gs)(m)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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